15/09/2022
Emiliano Bonassi, the founder of NFT renting protocol, Rentable announced yesterday that they are suspending its operations. Despite multiple attempts to secure new funding, Rentable is shutting down before this year ends.
Emiliano said,
"I am sorry to announce that Rentable is shutting down, we did not find product market fit, and our runway ended. After many careful considerations and conversation, we preferred to go in this direction instead to do further funding or pivots."